Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
PREFERRED STOCK that includes a feature allowing any foregone or suspended DIVIDEND payments to automatically accumulate. When the company restarts its program, cumulative preferred stock investors are entitled to receive all accumulated
Separate classes of COMMON STOCK issued by a company, where each class (often denoted by a letter of the alphabet) represents a different subsidiary. Investors in an alphabet stock receive the RENT
The common stock or fund of a coriwration. The sum of money raised by the subscriptions of the stockholders, and divided into shares. It is said to be the sum upon which
The public or common good or welfare. As to common “Bail,” “Barretor,” “Carrier,” “Chase,” “Council,” “Counts,” “Diligence,” “Day,” “Debtor,” “Drunkard.” “Error,” “Fishery,” “Highway,” “Informer,” “Inn,” “Intendment,” “Intent,” “Jury,” “Labor,” “Nuisance,” “Property,” “School,”
As distinguished from the Roman law, the modern civil law, the canon law, and other systems, the common law is that body of law and juristic theory which was originated, developed, and
CHAPTER 1: INTRODUCTION A. OVERVIEW OF THE WORK AND PLACE OF ADMINISTRATIVE AGENCIES IN OUR SYSTEM OF GOVERNMENT 1. Interstate Commerce Commission v. Cincinnati, New Orleans and Texas Pacific Railway Co 2.
Zero coupon bond that can be converted to common stock at a set price or if government issued into a bond bearing interest.
1. Increased business worth created b y unpaid mental or physical work of the owner or founder. 2. Increased property value created by work of the owner to enhance looks or amenities.
Price where current stock holders are authorized to buy common stock in an issue of rights.
An option for stock where it can be changed into common stock easily.
An ordinary share, or common stock which does not need to be paid back. It is known as permanent financing too.
UK / Commonwealth term for COMMON STOCK.
When each common stock is assigned one shareholder vote holding equal weight to director nominees. Refer to cumulative voting.
Control of the firm arises from common stock or ordinary shares holdings of 51 percent or more. Much less than 51 percent of shares, however, may gain effective control if a significantly
Proposition that a firm’s capital cost is independent from the capital type employed in an efficient capital market. Debt, ordinary shares or common stock sold, retained dividend earnings, or any combination of
The amount of earnings paid to stockholders over the investments lifetime. This payment takes the form of common stock dividends. Refer to dividend yield and plowback ratio.
Subordinate investment vehicle, like a bond, debenture, stock share, whose claims and rights are subordinate or secondary to senior, primary investment vehicles. These claims and rights involve the assets and earnings of
A company’s financial statement listing of a common stock’s current value.
Satisfying the offer to purchase all or some of a shareholders stock by borrowing common stock to pay for the tender offer.
COMMON STOCK issued by a nonlocal company in a local marketplace. GDSs, generally denominated in the local currency (and occasionally in US dollars), are typically registered with local regulators and may be
